Author Question: In businesses today, the most commonly used method for determining a finance charge for a billing ... (Read 54 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
In businesses today, the most commonly used method for determining a finance charge for a billing cycle is to find the highest daily balance within the last six months and multiply that by the periodic rate.
  Indicate whether the statement is true or false

Question 2

If a number increases from 10 to 20, we are looking for the ___________________ _.
 Fill in the blank(s) with correct word



ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

FALSE

Answer to Question 2

rate of increase



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library